2013 Treasury Risk Survey

Report of Survey Results - gtnews in collaboration with Zanders

2013 Treasury Risk Survey

Zanders Treasury & Finance Solutions (Zanders) is pleased to present the gtnews 2013 Treasury Risk Survey. This survey has been conducted in close co-operation with the Association for Financial Professionals® (AFP)/gtnews. I would like to thank them for the opportunity to work with them on this interesting topic. I also thank all respondents who shared […]

Zanders Treasury & Finance Solutions (Zanders) is pleased to present the gtnews 2013 Treasury Risk Survey. This survey has been conducted in close co-operation with the Association for Financial Professionals® (AFP)/gtnews. I would like to thank them for the opportunity to work with them on this interesting topic. I also thank all respondents who shared their insights and approaches on risk management with us. Helped by your valuable input we are able to further identify trends and define best practices in this important and dynamic expertise area.

The survey responses confirm that risk management is still gaining importance in the day-to-day practice of corporate treasuries. The risk management function is transforming from an operational process into a strategic function within corporations. This change is underpinned by the stated objectives of risk management in which we see a shift from a pure risk mitigation perspective (including regulatory risks) to opportunities to preserve and possibly create shareholder value via risk management.

Most notable among the survey results are those reflecting the increased remit and scope of the risk management function from a treasury perspective. The majority of the survey respondents have started to manage new risk classes in response to the changing risk environment; the risk class most on the rise is regulatory risk. Country risk and liquidity risk remain challenges, as over 30 percent of organisations have started to actively manage these risks. Managing other risk categories in addition to the traditional financial risk silos of foreign exchange (FX) and interest rate risk could be an indication of a more holistic risk management approach.

Zanders is a leading consultancy specialising in treasury management, risk management and corporate finance. The company was established in 1994 and currently employs over 130 treasury professionals. Our client base consists of corporations, financial institutions, public sector entities and NGOs. With a proven track record in our areas of expertise, we offer unbiased and specialist knowledge, tools and resources to resolve the challenges of the changing treasury and risk management landscape.

As part of our drive to maintain our position as thought leader and specialist treasury consultancy, Zanders continues to invest in research and know-how. This gtnews 2013 Treasury Risk Survey is one example of our involvement in developing best practices in risk management. Furthermore, we assist clients with our proprietary risk management framework and risk quantification models in getting a more holistic and measurable view on financial risks.

The expertise of Zanders and AFP/gtnews produced this insightful report on a very current topic. I am confident you will find it interesting and useful.

Sander van Tol
Partner

PDF 2013 Treasury Risk Survey